ANALYST MEETING PT Bank Tabungan Negara (Persero) Tbk. Business & Financial Performances as of June 30, 2017 Jakarta, July 24 th 2017
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Outline Page Macroeconomy 4 BBTN vs Industry 8 2Q17 Summary 11 Performance Overview 14 Sharia Business 39 Appendices 42 3
1. Macroeconomy 4
Macroeconomy: Stronger Macro Outlook Controlled Inflation & Interest Rate Stronger Economic Growth *) June inflation remained under control at 4.37% (yoy), still within BI s target of 4±1%. Bank Indonesia kept BI 7-Day RR Rate unchanged at 4.75% in order to maintain macroeconomic and financial system stability. *) BI reformulate its policy rate from BI Rate to 7-day Reverse Repo Rate since 19 th August 2016 The economy grew by 5.01% (yoy) in 1Q17, supported by stronger export, investment and consumption. S&P upgraded Indonesia s sovereign credit rating to Investment Grade in May 2017 and this should be positive for the economy. 5
Banking System: Loan was Limited, Deposit Began to Improve Weak Loan Growth Loan growth decelerated to 8.7% (yoy) in May 2017 after showing an increasing trend since early 2017. Meanwhile, deposit growth accelerated to 11.2% (yoy) in May 2017. Flat NPL Ratio NPL gross recorded at 3.1% in May 2017 after showing improvement in Mar 2017 at 3.0%. 6
Housing Industry: Property Price Index Showed An Acceleration Residential Property Price Index Growth of Property Sales (% qtq) Residential Property Price Index showed a stronger uptick in 1Q17. Accelerated quarterly from 0.37% to 1.23% (qtq) and annually from 2.38% to 2.62% (yoy). In line with higher property price in 1Q17, Residential Property Sales growth decelerated to 4.16% (qtq) due to dwindling demand. Source: Bank Indonesia Residential Property Survey for Primary House 7
2. BBTN vs Industry 8
Loan & Deposit Growth Robust Loan Growth In June 2017, BBTN Loan grew by 18.81% (yoy), far above industry growth at 8.7% (yoy) in May 2017. Its acceleration was sustained by Subsidized Mortgages. Strong Deposits Growth Total Deposits of BBTN increased by 18.26% (yoy) in June 2017 with Current Accounts marked the biggest growth. Meanwhile industry recorded at 11.2% (yoy) in May 2017. 9
Mortgages & Net Profit Solid Mortgages Growth BBTN Mortgages grew 19.13% (yoy) in June 2017 while industry recorded at 7.69% (yoy) in May 2017. Strong Profitability In 1H17, Net Profit of BBTN grew by 21.95% (yoy), above industry growth at 17.20% (yoy) in May 2017. 10
3. 2Q17 Summary 11
Bank BTN s Achievement on 1 Million Houses Program Loan Type Target (Unit) Mortgage Disbursed 2017 Approved prior to 2017 Progress as of Jun 30, 2017 Construction Loans Support in Progress Approved in 2017 Unit IDR Bn Unit IDR Bn Unit IDR Bn Unit IDR Bn Unit IDR Bn Subsidized Mortgage 504,122 82,225 9,500 96,565 3,826 67,272 2,351 163,837 6,177 246,062 15,677 Non Subsidized Mortgage 161,878 23,949 7,384 87,364 13,206 12,798 2,743 100,162 15,949 124,111 23,333 TOTAL 666,000 106,174 16,884 183,929 17,032 80,070 5,094 263,999 22,126 370,173 39,010 Total Total 12
2Q17 Key Takeaways Robust Loan Growth Strong Liquidity Loan growth was 18.81% (yoy), supported by the government program of 1 million houses Subsidized mortgage demand remained strong with 28.34% growth Sustaining the leadership of mortgage in Indonesia by 35.4% & holding 95.77% of national subsidized mortgage disbursement Deposits rose by 18.26% (yoy) sufficient to support loan growth LCR was sufficient at 154.52% Wholesale funding of Rp8.385 trn from NCD & bilateral loans Rp1 trn of asset securitization Solid Profitability Net profit increased by 21.95% (yoy) Net interest income raised by 14.13% (yoy), fee income grew by 35.33% (yoy) Improved Asset Quality NPL gradually improved to 3.23%, lower than 3.41% in June 2016 NPL on subsidized mortgage continued to improve, while construction & commercial loans got better 13
4. Performance Overview 14
Financial Highlight (IDR Billion) FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 1H 2016 1H 2017 y.o.y IND (MA Total Asset 111,749 131,170 144,582 171,808 214,168 189,513 224,067 18.23% 1 Total Loan & Financing 81,411 100,467 115,916 138,956 164,446 149,316 177,401 18.81% 8 Total Deposits 80,688 96,213 106,479 127,746 160,192 134,555 159,125 18.26% 1 Equity 10,279 11,557 12,253 13,860 19,131 17,547 19,851 13.14% Net Profit 1,364 1,562 1,146 1,851 2,619 1,042 1,271 21.95% 1 Earning per Share (IDR) 148 148 108 175 247 98 120 21.95% CAR (Tier 1) 16.95% 14.91% 14.07% 14.87% 16.54% 16.82% 15.08% 2 CAR (BI) 17.69% 15.62% 14.64% 16.97% 20.34% 22.07% 18.38% 2 NPL (Gross) 4.09% 4.05% 4.01% 3.42% 2.84% 3.41% 3.23% 3 NPL (Nett) 3.12% 3.04% 2.76% 2.11% 1.85% 2.23% 2.24% 1 N I M 5.83% 5.44% 4.47% 4.87% 4.98% 4.65% 4.42% 5 C I R 49.71% 50.86% 57.21% 50.08% 48.41% 54.23% 54.03% COVERAGE RATIO 29.48% 27.97% 33.77% 43.14% 45.25% 40.79% 38.78% ROE 18.23% 16.05% 10.95% 16.84% 18.35% 16.22% 15.64% ROA 1.94% 1.79% 1.14% 1.61% 1.76% 1.54% 1.52% 2 LDR 100.90% 104.42% 108.86% 108.78% 102.66% 110.97% 111.49% 8 LCR 165.98% 163.87% 124.12% 154.52% 15
Balance Sheet (IDR Billion) FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 1H 2016 1H 2017 y.o.y Total Assets 111,749 131,170 144,582 171,808 214,168 189,513 224,067 18.23% Total Earning Assets 101,538 118,305 132,192 157,049 195,780 172,127 203,880 18.45% - Term Deposit with BI 10,867 4,834 1,496 7,529 17,581 8,580 7,757-9.59% - Loans and Financing 81,411 100,467 115,916 138,956 164,446 149,316 177,401 18.81% - Securities 8,491 12,595 13,684 10,001 12,785 13,394 17,247 28.77% - Other Earning Assets 769 408 1,095 562 968 837 1,476 76.31% Provision on Earning Asset (997) (1,148) (1,581) (2,064) (2,132) (2,093) (2,235) 6.79% Others 11,208 14,013 13,972 16,823 20,520 19,479 22,422 15.11% Deposits 80,688 96,213 106,479 127,746 160,192 134,555 159,125 18.26% Securities Issued 7,137 8,837 7,939 10,937 12,935 10,937 12,937 18.29% Deposits from Other Banks 741 285 1,770 3,255 5,459 7,941 10,829 36.38% Repurchase Agreements 2,335 2,653 3,818 2,135 1,385 3,547 2,984-15.88% Borrowings 6,734 7,070 6,996 7,725 7,999 8,697 10,648 22.43% Others 3,834 4,556 5,329 6,151 7,068 6,290 7,693 22.30% Equity 10,279 11,557 12,253 13,860 19,131 17,547 19,851 13.14% 16
Asset Composition Total Assets (IDR Trillion) Assets Composition (%) 17
Earning Asset Composition Total Earning Asset (IDR Trillion) Earning Asset Composition (%) 18
Loans Composition: Focused on Housing Loans Loans Type 31-Dec-12 31-Dec-13 31-Dec-14 31-Dec-15 31-Dec-16 30-Jun-16 30-Jun-17 IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares y.o.y Housing Loans 70,223 86.26% 87,005 86.60% 102,614 88.52% 124,927 89.90% 147,948 89.97% 135,745 90.91% 159,739 90.04% 17.68% Subsidized Mortgages 25,562 31.40% 28,429 28.30% 34,347 29.63% 43,527 31.32% 56,835 34.56% 49,864 33.40% 63,995 36.07% 28.34% Non-Subsidized Mortgages 29,129 35.78% 39,548 39.36% 45,601 39.34% 53,567 38.55% 60,469 36.77% 57,158 38.28% 63,496 35.79% 11.09% Other Housing Loans 6,070 7.46% 7,198 7.16% 8,179 7.06% 8,934 6.43% 8,723 5.30% 8,774 5.88% 8,668 4.89% -1.20% Construction Loan 9,462 11.62% 11,829 11.77% 14,486 12.50% 18,900 13.60% 21,921 13.33% 19,950 13.36% 23,580 13.29% 18.20% Non-Housing Loans 11,187 13.74% 13,463 13.40% 13,302 11.48% 14,029 10.10% 16,498 10.03% 13,571 9.09% 17,662 9.96% 30.15% Consumer Loan 1,923 2.36% 2,597 2.59% 2,916 2.52% 3,839 2.76% 4,738 2.88% 3,649 2.44% 4,772 2.69% 30.79% Commercial Loan 9,264 11.38% 10,865 10.81% 10,386 8.96% 10,190 7.33% 11,761 7.15% 9,923 6.65% 12,890 7.27% 29.91% Total Loans 81,411 100.00% 100,467 100.00% 115,916 100.00% 138,956 100.00% 164,446 100.00% 149,316 100.00% 177,401 100.00% 18.81% Gross Loan (IDR Trillion) Housing and Non-Housing Loans (%) Note : Figures on all graphs Include Sharia financing 19
Mortgages: Growth Remained Strong Total Mortgages (IDR Billion) Mortgage Composition (%) Subsidized Mortgages (IDR Billion) Non Subsidized Mortgages (IDR Billion) Note : Figures on all graphs Include Sharia financing 20
Loan Disbursement: Mortgages & Construction Loans were the Drivers IDR Trillion IDR Billion IDR Bio Loans Type FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 6 Months of 2016 2017 y.o.y Housing Loans 28,041 33,955 34,029 41,812 47,216 21,796 24,894 14.21% Subsidized Mortgages 4,213 6,506 7,960 12,771 17,527 8,301 9,500 14.45% Non-Subsidized Mortgages 12,479 14,286 12,629 13,404 14,315 6,627 7,384 11.43% Other Housing 2,659 2,500 2,416 2,418 1,823 880 938 6.57% Construction Loan 8,690 10,663 11,023 13,219 13,551 5,989 7,072 18.08% Non-Housing Loans 9,679 10,338 7,569 9,434 12,043 4,562 7,180 57.39% Consumer Loan 1,809 2,389 2,564 4,268 4,779 2,419 3,296 36.26% Commercial Loan 7,870 7,949 5,005 5,166 7,264 2,143 3,884 81.23% Total Loans 37,720 44,293 41,598 51,246 59,259 26,359 32,074 21.68% Note : Figures on graph and table Include Sharia financing 21
Loan Quality: Manageable NPL Gross NPL (%) Net NPL (%) Note : Figures on all graphs Include Sharia financing 22
Loan Quality Breakdown: Subsidized Mortgage NPL Continued to Improve Collectibility 31-Dec-12 31-Dec-13 31-Dec-14 31-Dec-15 31-Dec-16 30-Jun-16 30-Jun-17 IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share Current 68,420 84.04% 84,301 83.91% 95,262 82.18% 116,887 84.12% 142,963 86.94% 125,535 84.07% 150,333 84.74% Special Mentioned 9,665 11.87% 12,101 12.04% 16,004 13.81% 17,316 12.46% 16,807 10.22% 18,688 12.52% 21,338 12.03% PL 78,085 95.91% 96,402 95.95% 111,266 95.99% 134,203 96.58% 159,770 97.16% 144,223 96.59% 171,671 96.77% Substandard 686 0.84% 458 0.46% 338 0.29% 250 0.18% 260 0.16% 469 0.31% 493 0.28% Doubtful 542 0.67% 457 0.45% 454 0.39% 359 0.26% 333 0.20% 565 0.38% 670 0.38% Loss 2,098 2.58% 3,151 3.14% 3,859 3.33% 4,144 2.98% 4,083 2.48% 4,059 2.72% 4,567 2.57% NPL 3,326 4.09% 4,066 4.05% 4,650 4.01% 4,753 3.42% 4,676 2.84% 5,093 3.41% 5,730 3.23% PL + NPL 81,411 100.00% 100,467 100.00% 115,916 100.00% 138,956 100.00% 164,446 100.00% 149,316 100.00% 177,401 100.00% NPL Gross 4.09% 4.05% 4.01% 3.42% 2.84% 3.41% 3.23% NPL Netto 3.12% 3.04% 2.76% 2.11% 1.85% 2.23% 2.24% Loan Type 31-Dec 31-Dec 31-Dec 31-Dec 31-Dec 30-Jun (Gross) 2012 2013 2014 2015 2016 2016 2017 Housing Loans 3.93% 3.80% 3.43% 2.79% 2.36% 2.85% 2.83% Subsidized Mortgage 5.00% 5.24% 3.96% 2.48% 1.52% 2.15% 1.66% Non-Subsidized Mortgage 2.90% 2.61% 2.51% 2.57% 2.65% 2.91% 3.38% Other Housing Loans 3.08% 3.17% 3.47% 3.44% 3.59% 3.91% 4.53% Construction Loan 4.74% 4.75% 5.13% 3.81% 3.21% 3.94% 3.84% Non-Housing Loans 5.08% 5.60% 8.51% 9.02% 7.14% 8.97% 6.86% Consumer Loan 2.00% 2.03% 2.55% 2.17% 1.35% 2.42% 1.48% Commercial Loan 5.72% 6.63% 10.16% 11.57% 9.44% 11.34% 9.28% Total Loans 4.09% 4.05% 4.01% 3.42% 2.84% 3.41% 3.23% Note : Figures on all tables Include Sharia financing 23
Special-Mentioned Loan Special-Mentioned Loan (%) Special-Mentioned by Loan Type (%) Note : Figures Include Sharia financing 24
Restructured Loan Restructured Loan in 2Q17 (IDR Billion) Restructured Loan by Quality in 2Q17 (%) Restructured Loan Outstanding (IDR Billion) Note : Figures Include Sharia financing 25
Liabilities: Sufficient to Support Loan Growth Total Liabilities (IDR Trillion) Funding Composition (IDR Trillion) Funding Composition (%) 26
Deposits: Solid Growth & Liquidity Total Deposits Mix (IDR Trillion) Deposits FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 1H2016 1H2017 y.o.y Current Account 13.27 19.12 23.23 31.37 45.85 33.12 41.73 25.97% Savings Account 21.54 24.24 25.55 30.76 34.83 28.81 33.04 14.69% Time Deposits 45.88 52.86 57.70 65.62 79.52 72.62 84.36 16.16% Total 80.69 96.21 106.48 127.75 160.19 134.55 159.12 18.26% CASA Composition (%) 27
Equity (1/2) Total Equity (IDR Trillion) CAR - BI (%) 28
Equity (2/2) 2012 2013 2014 2015 2016 Jun-16 Jun-17 Tier - 1 Capital 9,038 9,879 10,736 12,172 16,444 15,432 16,216 Tier - 2 Capital 582 722 797 1,721 3,776 4,821 3,550 Capital on B/S 10,279 11,557 12,253 13,860 19,131 17,547 19,851 RWA - Credit Risk 46,582 57,749 66,251 70,474 86,189 78,510 92,027 RWA - Market Risk 182 284 226 223 344 359 584 RWA - Operational Risk 6,557 8,229 9,856 11,185 12,899 12,899 14,934 RWA - Total 53,321 66,262 76,333 81,882 99,432 91,768 107,545 CAR Tier 1/(RWA Credit + Market + Ops Risk) 16.95% 14.91% 14.07% 14.87% 16.54% 16.82% 15.08% CAR B/S/(RWA Credit + Market Risk) 21.98% 19.91% 18.43% 19.60% 22.11% 22.25% 21.44% CAR B/S/(RWA Credit + Market + Ops Risk) 19.28% 17.44% 16.05% 16.93% 19.24% 19.12% 18.46% CAR BI ((Tier 1+2)/(RWA Credit + Market Risk)) 20.17% 17.84% 16.81% 19.65% 23.37% 25.68% 21.34% CAR BI ((Tier 1+2)/(RWA Credit + Ops Risk)) 17.75% 15.69% 14.68% 17.01% 20.41% 22.16% 18.48% CAR BI ((Tier 1+2)/(RWA Credit + Market + Ops Risk)) 17.69% 15.62% 14.64% 16.97% 20.34% 22.07% 18.38% CAR Tier 2 2.10% 3.80% 5.25% 3.30% Capital Conservation Buffer 0.63% 0.63% 1.25% Countercyclical Buffer 0.00% 0.00% 0.00% Capital Surcharge (D-SIB) 0.25% 0.25% 0.50% 29
Income Statement (IDR Billion) FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 1H 2016 1H 2017 y.o.y Interest Income 7,791 9,106 11,197 13,374 15,567 17,852 8,482 9,354 10.28% Interest Expense (4,000) (4,379) (5,558) (7,893) (8,700) (9,600) (4,786) (5,136) 7.32% Net Interest Income 3,791 4,726 5,639 5,482 6,867 8,252 3,696 4,218 14.13% Other Operating Income 571 577 798 923 1,132 1,285 584 791 35.33% Other Operating Expense (2,836) (3,438) (4,301) (4,828) (5,465) (6,184) (2,895) (3,368) 16.32% Profit From Operating 1,526 1,865 2,136 1,577 2,534 3,352 1,385 1,641 18.48% Non Operating Income (Expense) (3) (8) 5 2 8 (22) (3) (4) 49.02% Profit Before Tax 1,522 1,857 2,141 1,579 2,542 3,330 1,382 1,637 18.42% Net Profit 1,119 1,364 1,562 1,146 1,851 2,619 1,042 1,271 21.95% 30
Interest Income Composition (IDR Billion) FY2012 FY2013 FY2014 FY2015 FY2016 1H2016 1H2017 Y.o.Y Placement with Bank Indonesia 46 74 81 107 111 63 46-27.07% Placement with other bank 52 63 40 37 56 23 11-54.90% Securities 534 726 982 858 971 450 482 7.13% Loan 7,901 9,605 11,353 13,523 15,458 7,367 8,128 10.34% Income from Syariah 573 729 919 1,042 1,256 579 687 18.78% Total 9,106 11,197 13,374 15,567 17,852 8,482 9,354 10.28% 31
Interest Expense Composition (IDR Billion) FY2012 FY2013 FY2014 FY2015 FY2016 1H2016 1H2017 Y.o.Y Bank Indonesia 8 5 2 1.06 - - - - Deposits from other Banks 20 39 84 328 285 200 203 1.27% Deposits from Non Banks 3,118 4,082 6,290 6,750 7,363 3,625 3,915 7.99% Securities Issued 674 826 787 883 1,088 518 583 12.55% Fund Borrowings 400 450 529 516 718 360 387 7.45% Others 159 157 201 222 147 82 48-41.45% Total 4,379 5,558 7,893 8,700 9,600 4,786 5,136 7.32% 32
Other Operating Income Composition (IDR Billion) FY2012 FY2013 FY2014 FY2015 FY2016 1H2016 1H2017 Y.o.Y Marked to market 9 17 7-10 13 62 377.08% Gain 17 32 112 170 273 124 184 48.11% Reversal on Provisions - 8 5 7.51 0.10 0.02 3.14 12997.96% Commissions, Services & Admin Fee *) 11 31 496 596 656 298 387 29.90% Others *) 541 709 303 358 347 149 154 3.55% Total 577 798 923 1,132 1,285 584 791 35.33% *) Reclassified 33
Other Operating Expense Composition (IDR Billion) FY2012 FY2013 FY2014 FY2015 FY2016 1H2016 1H2017 Y.o.Y Provisions 214 441 777 901 708 307 372 21.21% Salaries & Employee Benefit 978 1,161 1,260 1,459 1,619 890 1,062 19.35% Electricity, Telp, Office Supp. 384 365 494 591 660 316 327 3.51% Others 355 337 227 422 452 219 279 27.26% Rent, Service & Maintenance 376 482 542 563 703 327 352 7.49% Depreciation 267 279 226 196 219 96 100 4.51% Promotion 275 411 509 417 402 176 208 18.04% Collector Fees & Consultant 313 386 451 544 684 346 407 17.50% Insurance Premium 145 175 217 245 303 146 175 19.48% Training 117 110 107 106 136 63 76 20.66% Research & Development 4 4 6 7 14 6.3 4.6-27.47% Other Taxes 11 6 8 8 9 2 6 147.04% Gain 0 1 3 4 2 - - - Marked to Market - 144 0.00 0.19 0.00 0.0004 0.06 14733.64% Allowance related to Operational Risk - - - - 273.50 - - - Total 3,438 4,301 4,828 5,465 6,184 2,895 3,368 16.32% 34
Key Financial Ratios (1/4) Net Income (IDR Billion) Net Interest Margin Cost Income Ratio *) Note : *) Reclassified 35
Key Financial Ratios (2/4) ROA 1 before tax ROA 2 after tax 1 Calculated based on income before income tax (include tax benefit and extraordinary item)/ average total assets based on Bank Indonesia regulation 2 Calculated based on net profit/average total assets 36
Key Financial Ratios (3/4) ROE 3 tier 1 capital ROE 4 balance sheet 15.28% 13.52% 3 Calculated based on net profit/average Tier 1 capital based on Bank Indonesia regulation 4 Calculated based on net profit/total stakeholder s equity 37
Key Financial Ratios (4/4) Loan-to-Deposit Ratio Liquidity Coverage Ratio 38
5. Sharia Business 39
Sharia Business Sharia Net Profit (IDR Billion) Sharia Assets (IDR Billion) Sharia Deposits (IDR Billion) 40
Sharia Financings & NPF Sharia Financings (IDR Billion) Sharia Disbursement (IDR Billion) Sharia NPF (Gross) (%) Sharia NPF (Net) (%) 41
6. Appendices 42
Shares Information Share Ownerships Composition as of Jun 30, 2017 Ownership # of Shares % G O I 6,354,000,000 60.00% Public 4,236,000,000 40.00% - Domestic 1,319,056,091 12.46% - Foreign 2,916,943,909 27.54% Total 10,590,000,000 100.00% Period Opening Lowest Highest Closing Average Volume (Lots) IPO by listed on IDX on 17 December 2009 at IDR800 per share Rights issue successfully done in November 2012 by issuing additional 1.512.857.500 new shares Market cap as of Jun 30, 2017 was IDR 27.53 Trillion PBV (x) BVPS Market Cap (IDR Million) 2Q 2017 2,300 2,140 2,710 2,600 133,321 1.39 1,875 27,534,000 2Q 2016 1,740 1,560 1,885 1,715 171,332 1.04 1,657 18,161,850 % (yoy) 32.18% 37.18% 43.77% 51.60% -22.19% 34.00% 13.14% 51.60% 43
Outlets Sumatera Regional Offices 1 Branch Offices 11 Sub Branch Offices 38 Cash Outlets 58 Sharia Outlets 10 Priority Outlet 6 Post Offices 700 ATMs 255 Kalimantan Regional Offices - Branch Offices 5 Sub Branch Offices 15 Cash Outlets 17 Sharia Outlets 3 Priority Outlet 4 Post Offices 299 ATMs 94 Jawa Regional Offices 2 Branch Offices 43 Sub Branch Offices 166 Cash Outlets 372 Sharia Outlets 49 Priority Outlet 25 Post Offices 1,624 ATMs 1,425 I N D O N E S I A Bali & Nusa Tenggara Regional Offices - Branch Offices 3 Sub Branch Offices 6 Cash Outlets 10 Sharia Outlets - Priority Outlet 2 Post Offices 141 ATMs 50 Sulawesi Regional Offices 1 Branch Offices 6 Sub Branch Offices 14 Cash Outlets 19 Sharia Outlets 3 Priority Outlet 2 Post Offices 126 ATMs 103 Papua & Maluku Regional Offices - Branch Offices 3 Sub Branch Offices 3 Cash Outlets 2 Sharia Outlets - Priority Outlet - Post Offices 61 ATMs 24 2012 2013 2014 2015 2016 2Q2016 2Q2017 Regional Offices 3 3 3 4 4 4 4 Branch Offices 65 65 65 65 65 65 71 Sub Branch Offices 223 223 223 223 243 227 242 Cash Outlets 415 479 479 479 477 476 478 Sharia Outlets 50 50 50 50 65 51 65 Priority Outlet 13 23 34 39 40 39 39 Total Outlets 769 843 854 860 894 862 899 Post Offices 2,922 2,922 2,951 2,951 2,951 2,951 2,951 ATMs 1,404 1,504 1,830 1,830 1,900 1,830 1,951 Employees 7,142 8,011 8,582 9,042 9,380 8,987 9,981 44
THANK YOU Investor Relations PT Bank Tabungan Negara (Persero) Tbk Menara BTN Lt. 20 - Jl Gajah Mada No. 1 Jakarta Pusat 10130 Telp : +62 21 63870142 / +62 21 63870107 Facs: +62 21 63870104 Email : investor_ relations@btn.co.id Website : www.btn.co.id 45